Flinova
ActiveFlinova has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €119k and a net result of €36k. Equity is growing by ~49.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 3468 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
92
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 16.45 against 6.34 in 2024; short-term debt: 5.3% and cash: 59.5% of total assets), and 5.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
94.7%
Return on assets
28.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-03-2026, 122 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
122 d early
2024
58 d early
2023
60 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€119k▲ 43.8%
2024 · €83k
2023: €37k
2024: €83k
2023 → 2025
Total assets
€125k▲ 28.9%
2024 · €97k
2023: €52k
2024: €97k
2023 → 2025
Net result
€36k▼ 21.8%
2024 · €46k
2023: €37k
2024: €46k
2023 → 2025
Working capital
€103k▲ 31.3%
2024 · €78k
2023: €36k
2024: €78k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€37k-€83k▲ 122%€119k▲ 43.8%
Operating result€47k-€58k▲ 24.5%€45k▼ 23.0%
Net result€37k-€46k▲ 25.7%€36k▼ 21.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 23% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €125k
Fixed assets
€16k▲ 273%
Current assets
€109k▲ 17.7%
Equity and liabilities €125k
Equity
€119k▲ 43.8%
Debt
€7k▼ 54.6%
The debt ratio falls from 15.1% to 5.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€51k▼
2024 · €59k
Cash flow
€42k▼
2024 · €48k
Solvency
94.7%▲
2024 · 84.9%
Current ratio
16.45▲
2024 · 6.34
Quick ratio
16.45▲
2024 · 6.34
Debt / equity
0.06▼
2024 · 0.18
ROE
30.4%▼
2024 · 56.0%
ROA
28.8%▼
2024 · 47.5%
Interest coverage
1055.70▼
2024 · 1367.74
Debt
€7k▼
2024 · €15k
Debt ≤ 1 year
€7k▼
2024 · €15k
Income taxes
€9k▼
2024 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€97k€125k▲
Fixed assets21/28€4k€16k▲
Tangible fixed assets22/27€4k€16k▲
Plant, machinery and equipment23€4k€9k▲
Furniture and vehicles24-€7k
Current assets29/58€93k€109k▲
Amounts receivable within one year40/41€7k€22k▲
Trade receivables40€7k€8k▲
Other amounts receivable41-€14k
Cash at bank and in hand54/58€71k€75k▲
Deferred charges and accrued income490/1€15k€13k▼
Equity and liabilities
Total equity and liabilities10/49€97k€125k▲
Equity10/15€83k€119k▲
Contributions10/11€2k€2k=
Reserves13€81k€117k▲
Distributable reserves133€81k€117k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€15k€7k▼
Amounts payable within one year42/48€15k€7k▼
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€6k€4k▼
Taxes450/3€6k€4k▼
Other amounts payable47/48€8k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€6k▲
Other operating charges640/8€99€912▲
Gross operating margin9900€60k€51k▼
Operating profit (loss)9901€58k€45k▼
Financial income75/76B-€613
Recurring financial income75-€613
Financial charges65/66B€43€48▲
Recurring financial charges65€43€48▲
Profit (loss) for the period before taxes9903€58k€45k▼
Income taxes67/77€12k€9k▼
Profit (loss) for the period9904€46k€36k▼
Profit (loss) for the period to be appropriated9905€46k€36k▼
Appropriation of the result
Profit (loss) to be appropriated9906€46k€36k▼
Transfer to equity691/2€45k€36k▼
To other reserves6921€45k€36k▼
Profit to be distributed694/7€800€0▼
Return on contributions (dividend)694€800€0▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €36k ▼21.8%
Net result drops to €36k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 16.45
Current ratio from 6.34 to 16.45; short-term debt falls from €15k to €7k.
31-12
Financial
Equity above €100kEq €119k ▲43.8%
3 profitable years in a row build equity to €119k.
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2023net €46k ▲25.7%
Operating result €58k, net result €46k, both a record.
01-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Aalst · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Grote Baan 296A9310 AalstGround area
751 m²
Building footprint
114 m²
Volume, LiDAR
865 m³
Parcel 41026B1029/00N000, Flanders · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Grote Baan 296A, 9310 Aalst
since 20232.344.029.942
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41026B1029/00N000 | Flanders | 750 m² | 1 · 113 m² | 10.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 161 EUR awarded · 161 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 161 EUR | 161 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 4,567 companies in sector 74999 we hold annual accounts for 1,938. 1,546 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-04-2023
Fiscal year end31-12
Activities, NACEBEL
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
82990Other business support services
90201Performing arts by independent artists
90202Performing arts by artistic ensembles
90393Specialised image, lighting and sound technical services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.